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1:3 Bonus Share, Rs 13.25/Share Dividend: Buy Maharatna PSU, TP Rs 355, Fundraise Approved -
Results, Dividend, Fundraise On April24: Buy Top Bank Stock Amid Rich Valuation, TP Rs 1400: Nomura -
1:4 Bonus Shares, Rs 7 Dividend: Big Update Announced; Buy The FMCG Stock? -
1:10 Stock Split: 1 Rs 980 Smallcap Has Split Into Ten Shares; Check Out New Price Level, Fundamentals! -
Rs 2.50/Share Final Dividend: Record Date In Due Course; Buy The ITC Group Stock? -
Rs 95/Share Dividend: Record Date On 28th June; Buy Mahindra Group Stock To Be Eligible? -
5 Bonus, Rs 28/Sh Dividend: IT Giant Infosys Beats Estimates In Q4FY24, But ADR Falls Sharply; Here's Why! -
1:10 Stock Split Approved: Small Cap Stock Issues Warrants, Shares Gain 111% YTD -
Wipro Q4 Results Preview: Weak Demand Likely To Drag Revenue Sequentially, EBIT Margins Seen Stable -
Rs 6/Share Final Dividend Declared: Buy The Blue Chip Stock To Be Eligible?
Sensex Rallies Further On GST Hopes
Expectations that the GST would be passed in the Monsoon session of parliament led to a further rally in stocks. The Sensex was trading with gains of 10 points, while the Nifty was up 3 points in trade.
The Japanese Nikkei, the Korean Kospi and the Hang Sang were among the losers in trade. Shares in government banking stocks were once again having a solid session. Among the major gainers in trade were Andhra Bank, Allahabad Bank and Syndicate Bank.
Canara Bank, which saw its profits halve also continued to see buying interest. Shares in KG Denim rallied 10 per cent, after profits multiplied several fold at the company.
Shares in Himalya International saw Q1 net loss at Rs 0.4 crore versus loss of Rs 3.5 crore, pushing the share price up by a whoppping 7 per cent.
Meanwhile, the rupee was trading at 67.40 to the US dollar.
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